Transport Secretary Phillip Hammond says...
“...if proof were needed of the crucial role played by this city and its transport networks then it can be found in London First’s latest research...It’s an important contribution to the debate about the future of our economy and our transport system. I will study its findings with interest and I hope my colleagues at the Treasury will do the same”
Phillip Hammond was speaking at the launch of a London First report, Greater returns: Transport priorities for economic growth, which sets out an approach to prioritising transport investment, based on long-term contribution to the wider economy.
Transport
London First works alongside national and London government to improve the capital’s transport system through better operational management and an investment programme to increase capacity and reliability
London’s transport capacity is full. 27.2 million journeys are made in London everyday, 10 million of these on public transport. A safe, comfortable and efficient transport system is essential to support London’s growth and maintain London’s competitiveness as a global city.
With our members, we develop innovative solutions to London’s transport problems, helping to make London a better place to live, visit, work and do business. We ensure Transport for London’s (TfL) plans reflect business’ concerns and are cost effective.
Greater returns: Transport priorities for economic growth
With Britain facing a record fiscal deficit, business believes Government's approach to balancing the books must be based on supporting economic growth. Infrastructure investment is vital.
Launched at an event with Transport Secretary Phillip Hammond, our study concludes that Government should prioritise investment in transport projects based on their long-term contribution to the wider economy. For more information contact Rob Fox
Greater returns - summary report
Greater returns - full analysis
Phillip Hammond's speech to London First members
Business leaders letter to Philip Hammond (July 2010)
Find out more about our transport work
Crossrail – campaigning for this vital east-west rail scheme, leading negotiations between Government and business to secure its funding
Roads – tackling congestion, developing recommendations for better management of roads and the demand for road space
Tube – ensuring commuters’ needs are reflected in the management of the Tube and its investment programme
Rail – influencing Government to ensure London priorities are reflected in national policy
River – increasing and improving commuter and tourist river boat services
